Brazilian President Michel Temer has denied a local media report that he had requested payments to silence a politician responsible for impeaching the former president. The news has been devastating...
S&P lifts credit rating on Petrobras from B+ to BB- but remains cautious regarding the implementation of new government controls on the company.
The U.S. Securities and Exchange Commission (SEC) recently announced that a Brazilian-based petrochemical manufacturer whose stock trades in the U.S. markets has agreed to settle charges that it...
As the year comes to an end, you can expect to see more and more 2017 forecasts. Fitch Ratings is joining in on that trend.
The OPEC meeting on November 30 could result in a cut of nearly 2% to the world’s daily output if Saudi Arabia gets its way. The Saudis are pushing a cut to daily production to a ceiling of...
The IMF sees subdued global growth persisting, and it also is warning that economic stagnation could fuel protectionist calls.
Dilma Rousseff, the president of Brazil, was thrown out of office by the country's senate, not long after 24/7 Wall St. published its 50 Least Powerful People in the World with Rousseff is on the...
The poster child for the impact of low crude prices is Venezuela, a founding member of OPEC and the country with the largest proved reserves in the world.
Brazil's problems spread beyond a terrible management of the Olympics. Brazil's economy is sliding toward disaster.
Petrobras reported disappointing first-quarter 2016 earnings after markets closed on Thursday.
Merrill Lynch now believes that the time has come to move back into emerging markets from developed markets.
The impeachment efforts against Dilma Rousseff reportedly have been derailed. The financial markets covering Brazil have tanked as a result.
McClatchy reported Tuesday that Nevada-based Murray Holdings turned up in the documents from Panamanian law firm Mossack Fonseca.
At the current time, it is very difficult to find analysts on Wall Street with overly positive ratings in the oil patch. It is even harder to find positive analysts covering Petrobras.
Moody's now sees increased risks to the global growth story for the 2016 to 2017.